Average salaries in Israel in 2015 up 2.3% from the end of 2014

At the end of 2015, the average salary in Israel was NIS 9,591, up 2.3% from the end of 2014

13.03.16 / 10:24

13.03.16

Average salaries in Israel in 2015 up 2.3% from the end of 2014

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According to a report by Israel’s Central Bureau of Statistics (CBS), the average Israeli wage at the close of 2015 was 2.3% higher than it was at the end of 2014.

At the end of 2015, the average salary in Israel was NIS 9,591, up 2.3% from the end of 2014. In fixed price terms, salaries rose even more in 2015, by 3%.

Among the highest salaries earners in 2015 were employees of banks and financial companies with an average monthly salary of NIS 17,225. Employees of government companies earned an average monthly salary of NIS 17,225. The average monthly salary of hospital workers including doctors and nurses was NIS 15,611. The average salary of government employees was NIS 13,245, while the average salary of local authority employees was NIS 8,236.

The average monthly hi-tech salary was NIS 23,640, which was primarily earned by developers and programmers.

The average monthly industrial wage also rose by 2.3%, to NIS 13,442. There is a big shortage of skilled workers, which is driving up wages in the sector. Workers in the electronic control devices sector averaged NIS 22,913, per month while workers in the mining and quarrying sector made NIS 22,851. Workers in the consumer and telecommunications electronics sector averaged NIS 21,335 per month.